#63 Manny Pacquiao

Athlete, Boxing

#63 Manny Pacquiao

Athlete, Boxing

2016 The World's Highest-Paid Athletes Earnings

$24M

as of 6/8/16

Manny Pacquiao says he is retired "as of now" after his April bout with Timothy Bradley where he banked a $20 million purse plus his cut of Filipino TV money. He's earned $500 million during this career from purses, pay-per-view and endorsements. Pacquiao was elected to the Filipino Senate in May after first being elected to the House of Representatives. He was once a marketing darling with companies like Nike, Foot Locker, Hewlett-Packard and Nestle, but companies avoided the eight division world champ after his 2016 comments comparing gay people to animals. Pacquiao's fight with Floyd Mayweather in May 2015 set every financial record in the history of boxing, including PPV buys (4.6 million), gate ($73 million) and total revenue ($600 million), and rewarded him with a $125 million payday.

Floyd Mayweather will be the third athlete all-time to reach $1 billion in career earnings if his bout against Conor McGregor is a pay-per-view hit. Money Mayweather's career of massive paydays traces back to a $750,000 bet on himself.

Tickets for the much-hyped Floyd Mayweather-Conor McGregor fight hit the market today at prices ranging from $500 to $10,000. The resale market is already active at prices starting at $3,000 and as high as $24,000.

Reid Hoffman is best known as the cofounder of career-focused social network LinkedIn and as a venture capital investor, but the billionaire is also putting money into social causes he's passionate about.

Mfonobong Nsehe interviews Dr. Christiaan Van Der Walt, Chief Technology Officer at MyBucks, about the brand's ambitions to offer access and financial inclusion to Africa and the under-connected and underserved around the world.

Africa’s richest woman Isabel dos Santos has failed to respond to her summons from state prosecutors to answer questions about alleged financial impropriety during her time as chairperson of Sonangol, the state oil company.